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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities    
Net income (loss) $ 4,457,582 $ (4,266,626)
Adjustments to reconcile net income (loss) to net cash flows from operating activities:    
Impairment and depreciation 3,264 79,245
Stock-based compensation   (36,138)
Accretion of asset retirement obligation 2,758 2,558
Change in fair value of warrant liability (5,248,041) 3,879,621
Gain on disposal of assets (2,140)  
Changes in operating assets and liabilities:    
Accounts receivable (11,899) 6,144
Accounts payable & accrued liabilities including related party payables 51,018 (12,966)
Net cash flows from operating activities (747,458) (348,162)
Cash flows from investing activities    
Acquisition of oil and gas properties (599) (9,303)
Proceeds from sale of assets 7,377  
Acquisition of mineral properties (519,750)  
Net cash flows from investing activities (512,972) (9,303)
Effect of exchange rate changes on cash and cash equivalents (4,104)  
Decrease in cash and cash equivalents (1,264,534) (357,465)
Cash and cash equivalents, beginning of period 2,052,305 2,409,770
Cash and cash equivalents, end of period 787,771 2,052,305
Supplemental disclosure of cash flow information:    
Interest paid in cash      
Income tax paid in cash